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IL HB3964

Bill

Status

Introduced

2/27/2015

Primary Sponsor

Joe Sosnowski

Click for details

Origin

House of Representatives

99th General Assembly

AI Summary

  • Amends the Toll Highway Act to redirect excess toll revenues remaining after required expenditures to the State Construction Account Fund for use on statewide road projects.

  • Deposits into the State Construction Account Fund cannot exceed the amount of required expenditures under subsection (b) or expenditures made to the Toll Highway Authority's Capital Construction Plan.

  • Maintains existing requirements that Authority funds be spent only on operations, maintenance, bond obligations, renewal and replacement, and system improvements that enhance safety, efficiency, and environmental quality of the toll highway system.

  • Takes effect immediately upon becoming law.

Legislative Description

TOLL HWY ACT-EXCESS REVENUE

Last Action

Rule 19(a) / Re-referred to Rules Committee

3/27/2015

Committee Referrals

Rules3/27/2015
Tollway Oversight3/12/2015
Rules2/27/2015

Full Bill Text

No bill text available